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Ohio becomes 41st state to end sales taxes on gold and silver
From Money Metals News Service
Thursday, July 1, 2021
COLUMBUS, Ohio -- By signing legislation last night, Gov. Mike DeWine has officially ended Ohio's sales taxation of gold, silver, platinum, and palladium bullion and coins, enabling the Buckeye State to join Arkansas as the two states having canceled taxation of the monetary metals so far this year.
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Backed by Reps. Kris Jordan and Riordan McClain, the Sound Money Defense League, Money Metals Exchange, Campaign for Liberty, grassroots activists, and coin dealer representatives, House Bill 110 (the 2022-2023 budget bill) restores the right of Ohio investors, savers, and small businesses to acquire precious metals without being slapped with sales and use taxes.
"These efforts are common sense," said state Rep. Jordan. "We should not be taxing money." ...
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